RIAA supports the Government’s proposal for a legislated objective of super being ‘to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.’

In RIAA’s view:

• The definition of ‘sustainable’ should support responsible investment strategies over long-term time horizons,
• The objective should align with national and global sustainability goals, and
• Existing obligations for super funds, including the Your Future, Your Super performance test, should align with the objective.