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

BlackRock Smaller Companies Trust plc (BRSC.L)

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

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1,390.80

+6.80

(+0.49%)

As of 09:55AM BST. Market open.

Major holders

Currency in GBp

1.22%	% of shares held by all insiders
41.75%	% of shares held by institutions
42.27%	% of float held by institutions
36	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Saba Capital Income & Opportunities Fd	71,210	31 Jan 2024	0.15%	99,038,871
SSgA SPDR ETFS Europe I-SPDR FTSE UK All Share ETF	14,757	29 Feb 2024	0.03%	20,524,036
HSBC FTSE 250 UCITS ETF	7,181	31 Mar 2024	0.01%	9,987,335