Australia
PRI response to Treasury consultation on Your Future, Your Super annual performance tests PRI response: The PRI welcomes the Treasury’s proposals for design options to address the issues relating to the Your Future, Your Super (YFYS) annual performance test as identified in the 2022 YFYS Review. The design options proposed, however, do not adequately incorporate sustainability-related risks and opportunities and will possibly inherit the same concerns to the current test. As such, PRI considers recommendations to ensure that the test enables trustees to consider and address sustainability factors that impact their long-term returns and improve member outcomes.
