The 2020 Guaranteed Lifetime Income Study (GLIS), now in its sixth year, captures an important moment for consumer and advisor attitudes on guaranteed lifetime income. With survey fielding completed days just prior to the market’s fall at the start of the COVID-19 pandemic, the GLIS is an excellent resource for examining eye-opening questions around market trends. Annuity manufacturers and distributors leverage its insights to power more effective sales and marketing initiatives and adjust their strategies to avoid product confusion and increase consumer receptivity to modern GLI solutions.
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Read an information-packed study summary of key findings for a glimpse at the research found in the full study.
“Following a 10-year bull market, the research shows clients largely optimistic about the outlook for the market in the days before the collapse and confident they would be able to weather a downturn. Although it will take some time to evaluate the impact of the crisis on retirement plans, the research findings underscore the importance of having a solid retirement planning process that takes into account unforeseen events.”
–Doug Kincaid, Assistant Vice President, Financial Services, Greenwald & Associates
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