February 2020

What’s new in Compass

Version 20

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What’s new in Compass

Version 20Advice Technology Team

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This presentation is given by a representative of Centrepoint Alliance Limited on behalf of Associated

Advisory Practices Pty Ltd, Alliance Wealth Pty Ltd AFSL 449221 and Professional Investment Services

Pty Ltd AFSL 234951. It is based on our understanding of current regulatory requirements and laws as at

the presentation date. As these laws are subject to change you should talk to a professional adviser for

the most up-to-date information. The information is for adviser use only. You should form your own opinion

and take your own legal, taxation and financial advice on the application of the information to your

business if applicable. Whilst all care has been taken in the preparation of this document (using sources

believed to be reliable and accurate), to the maximum extent permitted by law, no person including

Centrepoint Alliance Limited or any member of the Centrepoint Alliance Group of companies accepts

responsibility for any loss suffered by any person arising from reliance on this information.

This presentation cannot be used or copied in whole or part without our express written consent. This

presentation is for adviser training purposes only and must not be made available to any client.

Disclaimer

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Webinar Overview

AGENDA

Introduction

Compass Version Upgrades | Continuous Delivery

Compass Navigation Updates

New features and changes in Version 20

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Continuous Delivery | Overview

Continuous Development

Continuous Testing

Continuous Monitoring

Deliver software improvements more frequently

Deploy bug fixes quicker

With lower risk and higher quality

Half-yearly upgrades

Weekly upgrades

Process Benefits Frequency

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Continuous Delivery | Upgrade Timelines

Feb Mar Apr

Build-up of bugs

Major feature release

Updates and bug fixes

Current six-monthly upgrades (monthly view)

Continuous delivery moving forward (weekly view)

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Features introduced in Version 20

Module Feature

Client Focus • Compass navigation updates (Xplan Labs)

Risk Researcher• Notes, Exclusions and Loadings

• Extended Benefits

WealthSolver • Wealth Projection enhancements

XTOOLS+• Client’s retirement date now imports from

KYC

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Client Focus | Compass Navigation Updates

Updated icons

Compass navigation menu is now pinned

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Risk Researcher | Notes, Exclusions and Loadings

Insurance Policy> Cover Level

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Risk Researcher | Extended Benefits

Sorted by product

• Easily tell which differences in benefits are

gained or loss due to which policies

• Previously this all lumped into one big paragraph

• You will see the change when you replace two or

more different policies for a client

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WealthSolver | Enhanced Projections Analysis• Additional Wealth Projection years to choose from:

✓ 5 Years

✓ 10 Years

✓ 25 Years

✓ Client/Partner Retirement

✓ Client/Partner Life Expectancy

✓ Max Life Expectancy (Default option)

• Toggle to view projection charts for each entity. Note: Feature not available in Full Advice Builder yet.

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XTOOLS+ | Client’s retirement date

CALM now recognises client’s retirement date in Compass and will auto-populate in your newly created

scenarios.

• Will pick up Retirement Date entered on KYC > Superannuation screen

• If no date entered, default date = Age Pension Age

Questions?