It's a tough job but advisors are rising to the occasion. That's the takeaway from a recent study from Natixis Global Asset Management on volatility, income and ensuring assets last.

Although most financial advisors (81 percent) say it's challenging to effectively manage volatility and generate sufficient income for clients already in retirement, nearly all advisors (95 percent) are confident that their current investment strategies will help clients better meet retirement income needs, according to the study.

"The current low-interest-rate, high-volatility environment makes it difficult for investors to achieve their retirement goals," John Hailer, president and CEO of the Boston and Paris-based firm, said in a statement. "It's encouraging that so many advisors believe they have the tools and strategies to help clients navigate these challenges, but most advisors know there's still a long way to go, in terms of building more durable portfolios."