Actually running rich is less dangerous than running lean. I don't know specifically about Subaru, but in general, running lean can cause detonation more easily. And yes, while 14.7:1 is the stoichiometric ratio deemed as perfect for an air fuel mixture, running rich has the big advantage of reducing the chances of pre-ignition or pinging. In a turbo car, this could be considered death rattle because it can destroy the engine quickly. I found this entry on the interwebz which sums things up pretty well in concern of boosted engines:
Leaner AFR results in higher temperatures as the mixture is combusted. Generally, normally-aspirated spark-ignition (SI) gasoline engines produce maximum power just slightly rich of stoichiometric. However, in practice it is kept between 12:1 and 13:1 in order to keep exhaust gas temperatures in check and to account for variances in fuel quality. This is a realistic full-load AFR on a normally-aspirated engine but can be dangerously lean with a highly-boosted engine.
Let's take a closer look. As the air-fuel mixture is ignited by the spark plug, a flame front propagates from the spark plug. The now-burning mixture raises the cylinder pressure and temperature, peaking at some point in the combustion process.
The turbocharger increases the density of the air resulting in a denser mixture. The denser mixture raises the peak cylinder pressure, therefore increasing the probability of knock. As the AFR is leaned out, the temperature of the burning gases increases, which also increases the probability of knock. This is why it is imperative to run richer AFR on a boosted engine at full load. Doing so will reduce the likelihood of knock, and will also keep temperatures under control.
There are actually three ways to reduce the probability of knock at full load on a turbocharged engine: reduce boost, adjust the AFR to richer mixture, and retard ignition timing. These three parameters need to be optimized together to yield the highest reliable power.
Mind you, while we say 14.7:1 is the perfect air fuel ratio for a complete burn of the mixture, most vehicle manufacturers run their tunes a bit rich in the first place straight out of the box. This holds true whether the vehicle uses forced induction or is naturally aspirated. Because of this, I was a bit surprised you said your car runs at 14.7:1 when not under load as it doesn't seem right ... that is unless you've had some tuning done on it.