Optimo Pathfinder the first to add COVID-19 economic options to its modelling platform

Following the government’s Economic Response to the Coronavirus, Optimo Financial is the first to have included these changes into its modelling platform Pathfinder.

Adjustments include changes to the pension minimum drawdown rates as well as adjusted Age Pension deeming rates. Pathfinder also allow for the option to access Super early for qualified clients. In light of the economic downturn the rates of return have been adjusted to stay in line of expected lower returns in the near future and which will also affect longer term investment returns.

“One of the advantages of our online modelling platform is that it is really easy to make adjustments and roll them out fast,” said Optimo Financial’s CEO Hugh Bannister. “Our Technology is offering Financial Advisers new opportunities to manage their client’s strategies online, especially now that most advisers working are from home. They want 24-hour access and quality advice to guide their proposed strategies.”

“This is an exciting opportunity for Financial Advisers. Our platform delivers custom strategic advice across all standard asset classes, which included cash, fixed income, equities, commodities and alternatives, based on an investor’s personal profile, objectives and risk appetite.”