Dividend Reinvestment Plans

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I don't currently use margin lending but have that option, so ASB Securities owns the shares so they can sell them in the event of a margin call. My shares but ASB securities holds them and needs to sign anything on my behalf such as DRPs, share purchase plans etc.

Thanks. You obviously have decided that way is the best way to do it. I am just reluctant to pass any control of my investments to someone else. I don't margin trade anyhow.