European pension proposals could cost UK business 450 bln pounds

British businesses could face a 450 billion pound bill as a result of plans to force pension funds to protect themselves from risk with extra capital, data from Europe's insurance and pensions watchdog showed.

http://www.reuters.com/article/2013/04/09/eu-pensions-idUSL5N0CW3RG20130409?feedType=RSS&feedName=financialsSector