Is setting up a Self-Managed Super Fund really the smart move… or can trying to save money upfront end up costing you much more in the long run?

In this episode of Here Comes The Money, Hovig and Peter unpack one of the biggest traps they continue to see: Australians trying to go down the DIY path with Self-Managed Super Funds and financial planning. While SMSFs can be an incredibly powerful strategy when structured correctly, there are a lot of moving parts behind the scenes that people often don’t see.

From lending structures and bare trusts to contribution caps, insurance pitfalls, liquidity requirements and compliance obligations, one small mistake can create major consequences down the track.

Throughout the episode, Hovig and Peter explain why simply setting up an SMSF isn’t the goal — setting it up properly is.

Topics discussed include:

• Why cheap or “$0 setup” SMSF offers aren’t always what they seem
 • The risks of getting structures wrong
 • Common mistakes people make trying to DIY their finances
 • Insurance issues many Australians accidentally overlook
 • Why balance size and income matter more than people think
 • Real client examples and lessons learned

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