Outlook 2016 Calendar reminders
You're correct. The Control Panel is within Settings. (They don't make it easy anymore, do they?) My son was gracious enough to put a Control Panel icon on my desktop for easy access ;) I just found steps on how to do this here:
First be sure Outlook is closed.
Open Settings by clicking the Window panes on task bar and click Settings. There is a search tool in upper right hand corner.
Type in Control Panel. Once there follow these steps:
Open Control Panel.
In upper right corner search for mail and press enter.
The first icon to appear is the Mail icon. Click it.
Voila! The Data Files option is the middle one.
Click Data Files.
Select the exact location of your calendar and Set as Default (the check mark directly above the name and location box).
I hope this helps. I'll let you know if I find a permanent solution for reminders. Have a beautiful day!