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Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

BUZZ-PZ Cussons: worst day ever after profit warning

Reuters - UK Focus

** UK-based consumer products company PZ Cussons (LSE: PZC.L - news) ' shares down 22 pct, biggest ever one-day drop, after warns on full-year profit

** Cites weakness in the UK and Nigeria

** Co anticipates profit before tax to be in the range of 80 - 85 mln pounds

** Investec (LSE: INVP.L - news) downgrades PBT estimates by 20 pct for FY 2018 and cuts TP to to 309p from 374p

** Remains difficult to predict the extent/timing of any recovery, especially in Africa, so we remain prudent - Investec

** Shares (Berlin: DI6.BE - news) bottom of FTSE Mid Cap Index