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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

Invesco Perpetual UK Smaller Companies Investment Trust Plc (IPU.L)

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

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407.50

+2.50

(+0.62%)

At close: 04:21PM BST

Major holders

Currency in GBp

4.38%	% of shares held by all insiders
41.57%	% of shares held by institutions
43.48%	% of float held by institutions
25	Number of institutions holding shares