Optimo Financial releases changes to super software

financial-technology/super-changes/

22 February 2017
| By Hope William-Smith |
image
image image
expand image

Sydney-based fintech firm, Optimo Financial is releasing new alterations for its Pathfinder Online superannuation strategy software, ahead of the super changes legislated to apply from 1 July this year.

Optimo Financial chief executive, Hugh Bannister, said that the optimisation technology which underpinned the Pathfinder Online software and incorporated tax law, super legislation, family tax benefits, and the Age Pension, would overhaul in time to include changes from the Fair and Sustainable Superannuation Bill.

“We can develop, test and deploy legislative changes very quickly in Pathfinder,” Bannister said of the alterations to the software.

“We believe we are the first software provider to include the recent super changes.”

Optimo Financial would also release a new pricing structure scheduled to coincide with the production release of Pathfinder Online in the first half of the year.

“The feedback has been positive, our beta users like the comprehensive modelling and find it easy to use,” Bannister said.

“It is attractive to advisers who don’t want to add to their overhead costs and who are focused on developing a robust, comprehensive financial strategy.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5