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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

Petrofac Limited (P2F.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR

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0.2440

+0.0110

(+4.72%)

At close: 08:26AM CEST

Major holders

Currency in EUR

16.59%	% of shares held by all insiders
45.44%	% of shares held by institutions
54.48%	% of float held by institutions
59	Number of institutions holding shares

Holder	Shares	Date reported	% out	Value
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund	3,356,607	31 Dec 2023	0.64%	819,012
Vanguard International Stock Index-Total Intl Stock Indx	2,661,199	31 Jan 2024	0.51%	649,332
Schwab Strategic Tr-Schwab Fundamental Intl Small Company Idx ETF	1,692,598	30 Nov 2023	0.32%	412,993
DFA International Core Equity Portfolio	909,101	31 Jan 2024	0.17%	221,820
Schwab Strategic Tr-Schwab International Small Cap Equity ETF	852,777	30 Nov 2023	0.16%	208,077
Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index	766,550	31 Jan 2024	0.15%	187,038
Vanguard International Stock Index-Vanguard European Stock Index	424,224	31 Jan 2024	0.08%	103,510
Schwab Capital Trust-Schwab Fundamental Int'l Small Co Index Fund	410,864	31 Jan 2024	0.08%	100,250
College Retirement Equities Fund-Stock Account	402,240	31 Dec 2023	0.08%	98,146
Invesco ETF Tr II-Invesco FTSE RAFI Dev Markets ex US Small Mid	347,099	29 Feb 2024	0.07%	84,692