UPDATE - Legislative Updates Implemented

assumptions_thumb.jpgLegislative Updates Implemented

We have updated the Optimo Default Returns for some assets within Optimo Pathfinder. All asset returns are based on Lonsec Capital Market Assumptions dated June 2021, including franking credits for Australian Equities and are updated as follows:

For cash returns, the current interest rate is 0.1%, however the long term average is assumed to be 1.7%, so:

For cash accounts, we assume that the interest rate is 0.1%, and then increases to 1.7% in 2026/27, since cash accounts are more immediate

For cash held in shares/managed funds, the long term rate of 1.7%pa is used for all years since it is assumed shares/managed funds are kept for an extended period.

Cases created after the release date will use the new assumptions.  Cases created before the release date will not be affected..

Click Here to View the Complete List of Assumption Rate Updates
(Recommended).