NEWS: Pathfinder Update, Release PERON + COVID19 Changes | Optimo Pathfinder

Press Release: Optimo Pathfinder Updates Its Class-Leading Financial Modelling Software. Read More.

NEWS: Pathfinder Update, Release PERON + COVID19 Changes

More options to control deposits and withdrawals in super funds. Choose how to keep a minimum balance in super. Choose whether or not to carry forward the unused concessional cap.

NEWS: PATHFINDER UPDATE – RELEASE PERON + COVID-19 CHANGES

New features and improvements

  • More options to control deposits and withdrawals in super funds.
  • Choose how to keep a minimum balance in super.
  • Choose whether or not to carry forward the unused concessional cap.

Read the full release notes here.
 

Economic response to Coronavirus now implemented in Pathfinder & assumed cash returns have been reduced

On 23 March 2020, the Australian Government released the "Economic Response to the Coronavirus", so the following legislation is now in Pathfinder:

  • Temporary reduction in superannuation minimum drawdown requirements
  • Further reduction of Age Pension deeming rates
  • Early access to super (as a workaround)
  • Also, in the the Optimo assumptions, the return on cash has been reduced from 1%pa to 0.25%pa.

Read the release notes on the Coronavirus adjustments here.
 

From 1 April 2020, the default start date for analysis will be 2020/21

On 1 April 2020, the default start date for analysis will be changing to 1 July 2020 (i.e. the next financial year). For more details about how this affects new and existing cases (and you can can still start a case for 2019/20 if you need to).
Read our technical release notes here.

Changes to contacting support

In light of the COVID-19 situation, the Optimo Team have changed our working arrangements.  It will be business as usual except you won't be able to call us. If you have a support question, please email support@optimofinancial.com.au and we'll triage your email and reply as soon as we can.  If necessary, we can also call you back.

Facebook
Twitter
LinkedIn

Sign up to our Newsletter

For all the latest updates, new features

Inline Opt-in Form