Indexed annuities, never a particularly strong seller in the bank channel, are facing some stiff competition from market-linked CDs, Kehrer-LIMRA Director of Research Ken Kehrer, hosting an American Bankers Insurance Association conference call Thursday. “[Index annuities] peaked in the third quarter of 2009 and have fallen every quarter every since,” he said. “Market-linked CDs will reach $35 billion this year.”

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