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Mr. EL  PESTANA Mr. El  Pestana
Firm Discovery Life
MAP Suburb Sandton
Address 348 Rivonia Boulevard Cnr. 10th Avenue, Rivonia, 2128
FSP License  FSP Licence 18147
Languages English, Afrikaans
(in order of proficiency)
Email
Tel (011)234-1255 Cel 083 286 7191 Fax 086 215 8136
Website www.discovery.co.za
Qualifications I am a Registered Financial Planner with the FSB (Financial Services Board) - with an RFP3 qualification. A Member of the Financial Planning Institute of South Africa FPiand a registered member with the Council for Medical Schemes along with a certificate in TDR & O forInvest, Life and Health.
SERVICES 
Financial Advisors Fields of Specialisation Assisting you so that you can take intelligent informed and calculated decisions on how to manage your finance. Let me help you make the right choices.
Services Retirement Planning
Investments
Estate Planning
Life and Disability Assurance
Medical schemes
Business Assurance
Offshore Investments
Group Schemes
Other Services I am here to give structure to your personal finances by way of a well thought through approach to risk assurance, investment and retirement planning, wills and succession planning, as well as the choice of a suitable medical aid. Anyone can achieve financial freedom by following a simple set of rules and by sticking to these rules.
LATEST NEWS & VIEWS
Will the Reserve Bank move on rates?

The Reserve Bank�s Monetary Policy Committee meets on rates from Tuesday, with a decision due out on Thursday afternoon. The Bank finds itself in a tough space with the need to balance the need for growth with lurking inflation concerns.

Inflation was higher than expected in March while retail sales growth for February slowed, suggesting the Bank will have to time any interest rate tightening carefully. The Reserve Bank ended its monetary loosening cycle in January, leaving the repo rate steady again at 5.5% in March after reducing it by 650 basis points between December 2008 and December 2010. The consensus among economists is that the next adjustment in rates will be up, but the timing of the move is not yet clear. In March, the MPC statement was cautious, highlighting the ongoing recovery in the economy along with risks to the inflation outlook especially from food, oil and administered prices.

Also due out next week is manufacturing production data for March, as well as mining production. Adcorp�s Employment Index for April is out on Tuesday.
On the company front, there are quarterly reports from Sappi, AngloGold Ashanti and ArcelorMittal South Africa. Interim results are due from Oceana, Spar Group, Datatec, Nu-World and preliminary numbers from Value Group.

Overseas, consumer price inflation data for April is due in China, Germany and the European Union. The Bank of England�s inflation report is out, along with GDP data in the EU, US University of Michigan confidence and US advance retail sales (for April). Hilton Tarrant (hilton@moneyweb.co.za)
EXPERIENCE
I have been providing Financial advice and intermediary services with regards to financial planning since the 25th day of August 2005. My mission is to give structure to my client’s personal finances by way of a well thought through approach to risk assurance, investments and retirement planning, wills and succession planning, as well as the choice of a suitable medical aid.
ABOUT FIRM
Discovery Life remains the prefer market leader in the financial services industry and there product design along with their investment guarantees makes them a force to be reckoned with. Upfront discounts as well as premium paybacks every 5 years through Integration and Vitality makes them a "keeper" for the long run. Please do not hesitate to contact me for further information about Discovery’s unique benefits along with comparative quotes.
COMPANIES REPRESENTED  Financial Institutions South Africa
Other Companies represented STANDARD EXECUTORS AND TRUSTEES LIMITED
Companies through which more than 30% of income is derived Discovery
BUSINESS PRACTICES
Minimum Levels of Premium/Investment accepted Lump Sum R200,000
Recurring monthly R1,000
Financial Advisor Fees  Remuneration Fee OR commission
Legal structure of employer (Pty) Ltd company
Number of staff in Financial Advisor organisation 2
Professional indemnity Insurance  Indemnity insurance Insurance yes
Value R5,000,000
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