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

Glencore plc (0IVW.L)

LSE - LSE Delayed price. Currency in USD

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11.72

+0.15

(+1.30%)

As of 04:55PM BST. Market open.

Major holders

Currency in USD

0.00%	% of shares held by all insiders
0.08%	% of shares held by institutions
0.08%	% of float held by institutions
31	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Todd Asset Management LLC	1,563,763	31 Dec 2023	0.03%	18,327,302
Renaissance Group, LLC	503,444	31 Dec 2023	0.01%	5,900,363
Ramirez Asset Management, Inc.	592,534	31 Dec 2023	0.01%	6,944,498
Silvercrest Asset Management Group, LLC	546,030	31 Dec 2023	0.01%	6,399,471
SVB Wealth LLC	21,126	31 Dec 2023	0.00%	247,596
Rhumbline Advisers	46,814	31 Dec 2023	0.00%	548,660
SIT Investment Associates Inc	287,795	31 Dec 2023	0.00%	3,372,957
Williams Jones Wealth Management, LLC.	16,000	31 Dec 2023	0.00%	187,520
Confluence Investment Management LLC	38,401	31 Mar 2024	0.00%	450,059
Gamma Investing LLC	5,595	31 Mar 2024	0.00%	65,573

Holder	Shares	Date reported	% out	Value
Saratoga Advantage Tr-Energy & Basic Materials Port	3,996	30 Nov 2023	0.00%	46,833
X-Square Balanced Fund, LLC	48,494	31 Dec 2023	0.00%	568,349
SIT Dividend Growth Fund	103,310	31 Dec 2023	0.00%	1,210,793
SIT Global Dividend Growth Fund	24,620	31 Dec 2023	0.00%	288,546
SIT International Growth Fund	14,500	31 Dec 2023	0.00%	169,940
Rydex Europe 1.25x Strategy Fd	1,795	31 Dec 2023	0.00%	21,037
Simplify Exchange Traded Fds-Volt RoboCar Disruption & Tech ETF	1,714	31 Dec 2023	0.00%	20,088
Rydex Variable Trust-Europe 1.25x Strategy Fd	860	31 Dec 2023	0.00%	10,079
Advisors Inner Circle Fund-Westwood Total Return Fund	73,279	31 Jan 2024	0.00%	858,829
Trust For Professional Managers-PMC Diversified Equity Fund	80,481	31 Mar 2024	0.00%	943,237