So do the rest of us. If you think that will happen in your lifetime, you're living in fantasy land. Fee-only holds no moral superiority, and no competitive advantage over other advice distribution channels. I doubt that will happen in our lifetime,of course. Just like Nigel hoping about the legal regulation of planners in the federal or state level, hey I can dream too.
Somebody has to pay something, to someone, someday.
It takes all kinds. Many of my clients sell stuff. It might be livestock, grain, produce, cars, boats, airplanes, real estate or some other product. If the annuity is variable, they were more than informed when they were given a prospectus. If the contract was traditional, they can find all they need right there in the boilerplate of the policy.