V5 will not read any of V4's data files at all. That is why you have to migrate using the provided wizard. There is an option in V5 to restore (Tools - System - Restore), but it will not restore V4 schedules.
You should go to the Member Area and download the latest V5 build from there. It seems that your previous install did not install correctly, or you are logged into a different account to the person who installed so you cannot see the shortcuts that were created.
This document may also be helpful: http://www.christiansteven.com/crd5releasepath.htm