Administration and Reporting Service

Recognising that managing even a simple portfolio can take considerable time, and that meeting reporting requirements can be both a burden and a risk for investors, IARS offers four key benefits:

1. Reporting for tax purposes
   IARS clients receive an Annual Income Report detailing income received during the year along with associated imputation credits and withholding tax, as well as Foreign Investment Fund (FIF) and Financial Arrangement calculations, where relevant.
   
   
2. Managing corporate actions
   For securities held in custody, Forsyth Barr will summarise all relevant corporate actions for you and, on instruction, act on your behalf.
   
   
3. Transacting in international securities
   Recent international regulation changes have made it very difficult, and costly, to hold international securities in your own name. The IARS service enables cost effective and efficient transacting for international securities held in custody, helping you avoid prohibitive transaction fees, challenges in transacting in a timely fashion and difficulties receiving dividends.
   
   
4. Consolidated portfolio view
   Clients may choose to have International and New Zealand securities (including Fixed Interest) held in custody within IARS. Cash Management and ledger balances are also captured in IARS reporting. This consolidated portfolio view informs better investment decision-making.