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

Britvic plc (BVIC.L)

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

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861.50

+1.00

(+0.12%)

As of 10:05AM BST. Market open.

Major holders

Currency in GBp

6.38%	% of shares held by all insiders
84.67%	% of shares held by institutions
90.43%	% of float held by institutions
194	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Cullen Capital Management, LLC	94,233	30 Jun 2023	0.04%	81,181,729

Holder	Shares	Date reported	% out	Value
Fidelity Low-Priced Stock Fund	5,667,122	31 Jan 2024	2.27%	4,882,225,603
Vanguard International Stock Index-Total Intl Stock Indx	3,637,821	31 Jan 2024	1.46%	3,133,982,791
Artisan International Small-Mid Fund	3,631,933	31 Dec 2023	1.46%	3,128,910,279
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund	2,088,904	31 Dec 2023	0.84%	1,799,590,796
DFA United Kingdom Small Company Series	1,626,728	31 Jan 2024	0.65%	1,401,426,172
DFA International Core Equity Portfolio	1,470,161	31 Jan 2024	0.59%	1,266,543,701
iShares Core MSCI EAFE ETF	1,417,416	29 Feb 2024	0.57%	1,221,103,884
College Retirement Equities Fund-Stock Account	1,384,270	31 Dec 2023	0.55%	1,192,548,605
MFS International New Discovery Fund	1,256,810	31 Dec 2023	0.50%	1,082,741,815
Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index	945,806	31 Jan 2024	0.38%	814,811,869