Breaking News5th Circuit Court of Appeals kills fiduciary rule


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Continuing a trend seen across industries, a major brewer is seeking to de-risk its pension liabilities. (Photo: Getty)

Following a continuing trend to de-risk from pension liabilities, Denver-based Molson Coors Brewing Co. has purchased a group annuity contract from Athene Annuity and Life Co. that will transfer about $900 million in pension liabilities away from the brewer.

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