Wendy Mayall has returned to the occupational pensions world as chair of the funding committee at The Pensions Trust, which manages £8 billion.

Mayall was chief investment officer at the Unilever pension scheme between 1995 and 2011, during which time it took legal action against Merrill Lynch Investment Managers for alleged negligence. MLIM agreed an out-of-court settlement of £70 million in 2001.