Filed Under:Annuities, Sales Strategies

Most DC plan participants want guaranteed income

Annuities rank only 7th among the survey’s top sources of retirement income.
Annuities rank only 7th among the survey’s top sources of retirement income.

Eight in 10 participants in an employer-sponsored defined contribution plan would give up other plan payout features to secure a guaranteed monthly income, new research shows.

This is among the highlights of a July 2013 Biannual DC Investor Survey, published by State Street Global Advisors. Developed in collaboration with TRC Market Research, the SSgA report examines the beliefs, behaviors and attitudes regarding retirement income and explores how survey findings can be used to improve 401(k)s and other defined contribution plans.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.