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

FTSE 100 (^FTSE)

FTSE Index - FTSE Index Delayed price. Currency in GBP

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+23.01

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As of 10:01AM BST. Market open.

PA Media: Money
FTSE 100 hits all-time high as shares rally holds strong
The FTSE surpassed the previous intraday record of 8,047.06 from February last year.
Yahoo Finance UK
FTSE 100 LIVE: Europe up, London hits all-time high as traders price in summer interest rate cut
The FTSE was up as analysts look to August for the Bank of England's first interest rate cut.
The Guardian
Jeremy Hunt’s scope for tax cuts hit by higher-than-expected borrowing
Government borrowed £120.7bn in the last financial year, with just under £12bn in March