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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

Virtus Convertible & Income 2024 Target Term Fund (CBH)

NYSE - NYSE Delayed price. Currency in USD

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8.90

+0.03

(+0.34%)

At close: 03:59PM EDT

Major holders

Currency in USD

0.00%	% of shares held by all insiders
29.63%	% of shares held by institutions
29.63%	% of float held by institutions
35	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Punch & Associates Investment Management, Inc.	1,247,027	30 Dec 2023	6.83%	11,098,539
Morgan Stanley	1,152,609	30 Dec 2023	6.31%	10,258,219
Wells Fargo & Company	691,344	30 Dec 2023	3.79%	6,152,961
Stifel Financial Corporation	369,763	30 Dec 2023	2.02%	3,290,890
Advisors Asset Management, Inc.	299,621	30 Dec 2023	1.64%	2,666,626
Bank of America Corporation	283,253	30 Dec 2023	1.55%	2,520,951
Royal Bank of Canada	277,329	30 Dec 2023	1.52%	2,468,227
Rivernorth Capital Management, LLC	262,728	30 Dec 2023	1.44%	2,338,279
UBS Group AG	233,563	30 Dec 2023	1.28%	2,078,710
SIT Investment Associates Inc	177,441	30 Dec 2023	0.97%	1,579,224

Holder	Shares	Date reported	% out	Value
RiverNorth Core Opportunity Fund	179,087	30 Dec 2023	0.98%	1,593,874
RiverNorth Opportunities Fd	83,641	30 Jan 2024	0.46%	744,404
Special Opportunities Fd	15,867	30 Dec 2023	0.09%	141,216