Defined Benefit schemes in M&A transactions: What trustees need to know

With evolving pensions regulation intended to provide earlier and easier access to DB pension fund surplus, it is likely DB pension schemes will increasingly become value drivers in M&A transactions. It is therefore vital that trustees consider in advance how M&A could impact long-term strategy and actions they could take to respond – as well as being ready to engage with bidders in an informed way.

During this short video, Aon's Wealth Solutions specialists Alice Wilmot and Matthew Richardson speak with Piers Johansen, Managing Director in Aon's M&A and Transaction Solutions business, on the implications that potential DB pension surplus release and other valuation creation strategies have for M&A transactions.