Your employee retirement fund shouldn’t be a liability.
The traditional Umbrella Fund puts your business in the middle of a complex legal relationship. There’s a better way.
One platform for your financial future.
2 min overview
Built on Proven Retirement Infrastructure
Assets Under Administration
Pension Administration Experience
Licensed Retirement Administration
Because retirement solutions require more than great technology — they require proven operational expertise.
The traditional model exposes your business
Most employers don’t realise that offering a retirement benefit through an Umbrella Fund creates ongoing legal and administrative risk — even when you outsource the management.
You can't outsource the legal responsibility
Directors remain personally liable for fund administration failures, regardless of who manages it day to day.
Strict compliance windows carry huge penalties
The Pension Funds Act requires contributions to reach the fund within 7 days — each missed deadline can cost up to R1 million.
Every employee exit triggers an admin project
Terminations create fund transfer requirements that consume HR and finance team time for weeks.
Overhead grows as your team grows
Compliance, paperwork, and fund management costs scale with headcount — an inefficient model by design.
Old model vs SIPP RA, side by side
The Self-Invested Retirement Annuity moves the contract directly between your employee and the provider — your role becomes facilitator, not fund participant.
A genuine win-win for your business and your people
Legal liability for your business
The contract is between employee and provider. Your company is fully protected.
Fewer compliance touchpoints
No fund governance, no 7-day windows, no penalties to worry about.
Ownership for employees from day one
They manage their policy on a modern app and take it with them when they leave.
Getting started takes three steps
Request a personalised demo
We'll walk through your current fund structure and show you exactly where SIPP RA removes risk and cost for your business.
Employees set up their own policy
Each team member creates their account directly with Prospr. You're not involved in the application — that's the point.
You manage one simple payroll deduction
Add or stop the deduction as needed. That's the entirety of your ongoing admin commitment.
Free up your HR team today
See the immediate administrative savings a SIPP RA provides — in a 30-minute demo tailored to your business size.
Max penalty per compliance failure avoided
Admin steps when an employee leaves
Employees get tax benefit upfront — not as refund later