Not scam la... you buy unit trust with high fees is it.

In the end it all depends on the fund you pick and it’s management fees. Do your due diligence first before any investment decisions. There are people making good money with higher returns than EPF. High risk high return.

Don’t buy lump sump la. DCA in.

Get educated and take calculated risks. Study unit trust performance and returns, check out their ratings, etc etc.

Different strokes for different folks. People who wanna make a higher ROI will have to take higher risks. Some funds can perform 10-20% upside (look at KGF 10 years return. 300% compared to compounded 80% if only with EPF. ) Of course you may lose 10-20% thats part of higher risk investing.

If you’re comfortable with EPF just dump your money in there. But don’t go around calling unit trusts a scam just because you got burnt and wasn’t educated by the bankers (irresponsible, they’re just out to make that big commission) about the risks and they’re not your choice of investment.