Some company is gonna come around and offer to pack your own parachute. I don’t want to be responsible for packing my own parachute and I’d gladly pay 5%. When that parachute fails, guess what, I’m coming after you baby!
... and the bankers continue to salivate. They know that most people don't want to work in order to manage their money, and will gladly outsource the responsibility... getting shafted in the process.