Frontier Advisors is pleased to provide this submission to Treasury’s consultation on the Your Future, Your Super (YFYS) performance test design options.
Frontier is one of Australia’s leading institutional investment advisers. We have been advising Australian institutional investors as a trusted adviser for over almost thirty years. We provide advice on around $660 billion of assets across the superannuation, charity, public sector, insurance and higher education sectors. The fact our advice is free of any product, manager or broker conflicts, means we can provide truly unconflicted advice aligned with our client’s best interests.
As we have mentioned in our previous submissions, Frontier supports a well-designed performance test. We view the current consultation with alternative approaches outlined by Treasury as an opportunity to improve the performance test.
Frontier’s preferred approach and rationale is outlined in this submission and reflects option 3c in Treasury’s consultation paper the targeted three-metric test.