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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

NZD/USD (NZDUSD=X)

CCY - CCY Delayed price. Currency in USD

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0.5936

+0.0015

(+0.2612%)

As of 11:12PM BST. Market open.