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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

Bank of Georgia Group PLC (BGEO.L)

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

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5,160.00

+265.00

(+5.41%)

At close: 04:35PM BST

Major holders

Currency in GBp

27.43%	% of shares held by all insiders
52.24%	% of shares held by institutions
71.99%	% of float held by institutions
163	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
DFA International Small Cap Value Portfolio	848,250	31 Jan 2024	1.87%	4,376,970,000
VanEck Emerging Markets Fund	574,246	31 Dec 2023	1.26%	2,963,109,360
Vanguard International Stock Index-Total Intl Stock Indx	479,611	31 Jan 2024	1.05%	2,474,792,760
Avantis International Small Cap Value ETF	335,097	29 Feb 2024	0.74%	1,729,100,520
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund	285,948	31 Dec 2023	0.63%	1,475,491,680
DFA United Kingdom Small Company Series	269,724	31 Jan 2024	0.59%	1,391,775,840
Fidelity Emerging Markets Discovery Fund	242,426	29 Feb 2024	0.53%	1,250,918,160
DFA International Core Equity Portfolio	243,151	31 Jan 2024	0.53%	1,254,659,160
Global Macro Capital Opportunities Portfolio	206,566	31 Jan 2024	0.45%	1,065,880,560
iShares Core MSCI EAFE ETF	205,559	29 Feb 2024	0.45%	1,060,684,440