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

Burberry Group plc (BRBY.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)

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1,164.50

+7.00

(+0.60%)

At close: 04:35PM BST

Major holders

Currency in GBp

0.19%	% of shares held by all insiders
71.45%	% of shares held by institutions
71.58%	% of float held by institutions
408	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Pacer Advisors, Inc.	164,910	31 Dec 2023	0.04%	192,037,695

Holder	Shares	Date reported	% out	Value
Vanguard International Growth Fund	5,065,544	30 Nov 2023	1.34%	5,898,825,988
Vanguard International Stock Index-Total Intl Stock Indx	4,886,664	31 Jan 2024	1.29%	5,690,520,228
MFS International Growth Fund	3,852,242	30 Nov 2023	1.02%	4,485,935,809
Hartford/Schroders International Stock Fd	3,515,581	31 Jan 2024	0.93%	4,093,894,074
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund	2,944,517	31 Dec 2023	0.78%	3,428,890,046
SEI Institutional Investment Tr-World Equity Ex-U.S. Fd	2,272,895	29 Feb 2024	0.60%	2,646,786,227
iShares Core MSCI EAFE ETF	2,165,414	29 Feb 2024	0.57%	2,521,624,603
MFS Research International Fund	1,966,514	30 Nov 2023	0.52%	2,290,005,553
MFS Series Trust X-MFS International Large Cap Value Fund	1,746,888	30 Nov 2023	0.46%	2,034,251,076
Hartford International Value Fund	1,316,163	31 Jan 2024	0.35%	1,532,671,813