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The company’s shares closed down 17% Thursday, their worst one-day drop since 2008.

Although 56% of plan sponsors believe employees are prepared to manage finances without a paycheck in retirement, only 42% of participants feel the same.

Executives at Aon and Gallagher say that the U.S. labor market still looks strong, but that big increases in U.S. health coverage costs are definitely getting employers' attention.

Record-breaking third-quarter results push annual annuity sales to historic highs as investors seek stability and guaranteed income, according to LIMRA.

James Gelfand, the president of ERIC, said draft guidance the U.S. Food and Drug Administration posted Wednesday could create new competition for "biologic" medications.

More than a dozen states, including Washington, Oregon, California, Colorado, Minnesota, Maryland, New York, and most of New England, have enacted laws in recent years to keep medical debt from affecting consumers’ credit.