The 4 He 3 system is studied using the adiabatic hyperspherical representation. We adopt the current state-of-the-art helium interaction potential including retardation and the nonadditive three-body term, to calculate all low-energy properties of the triatomic 4 He system. The bound state energies of the 4 He trimer are computed as well as the 4 He+ 4 He 2 elastic scattering cross sections, the three-body recombination and collision induced dissociation rates at finite temperatures. We also treat the system that consists of two 4 He and one 3 He atoms, and compute the spectrum of the isotopic trimer 4 He 2 3 He, the 3 He+ 4 He 2 elastic scattering cross sections, the rates for three-body recombination and the collision induced dissociation rate at finite temperatures.The effects of retardation and the nonadditive three-body term are investigated. Retardation is found to be significant in some cases, while the three-body term plays only a minor role for these systems.