MONEY MANAGEMENT

Santander U.K. pensions director said to depart

Antony Barker, director of pensions at Santander U.K. PLC, is set to leave the firm, according to people familiar with the situation.

Santander U.K. sponsors the £11.3 billion ($13.9 billion) Santander U.K. Group Pension Scheme Common Fund, Manchester, England.

Mr. Barker joined Santander in 2012 from consultant JLT Pension Capital Strategies, where he was a director, investment advisory. A spokesman for Santander U.K. declined to comment. Mr. Barker could not be reached for comment.