NEWS: Pathfinder Update, Release PERON + COVID19 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 and we'll triage your email and reply as soon as we can.  If necessary, we can also call you back.