A new partnership with the tech firm Carta will position Morgan Stanley at Work to manage stock-compensation plans for more than 2,000 private companies that are moving toward IPOs.

The proportion of deaths subject to Inheritance Tax (IHT) could nearly double from 5.1% to 9.5% by the end of the decade after the Budget changes, Office of Budget Responsibility (OBR) figures appear to suggest.

Big firms would be paying $415,000 a year more by 2029, while most brokers would see a far smaller hit.

The aggregate surplus of DB pension schemes increased to £485.1bn at the end of October, according to the latest Pension Protection Fund (PPF) 7800 Index.

After yet another rate decrease, Federal Reserve Chair Jerome Powell remained defiant after Election Day, telling reporters he would not resign.

The Financial Conduct Authority has banned company director Leigh Mackey from working in financial services and fined him £1,102,879 for misleading the FCA and misusing funds due to insurers.

Market jumps tied to Trump’s presidential election win have Goldman Sachs’ David Solomon and JPMorgan’s Jamie Dimon in line for tens of millions of dollars in bonuses.

Cloud-based fintech and back office provider Intelliflo has stuck a deal with fellow fintech Estgro to add estate planning to its adviser-focused offering.

The FCA has published new rules firms must follow when designing and operating commercial Pensions Dashboards.

The FCA has halted regulated business at Hull-based claims management firm (CMC) Prestige Legal Ltd (FRN 915619).