34 years is a long, long time to wait to get to decent money..!
Yeah, its terrible. PP1 is about 60-65k depending on how much you fly and where to.
Thats puts you in the top 5% of all uk earners. If you joined in your 20's / early 30's as a lot of people do then that would put you close to, or in the top 1% of people in that age group.
PP34 is in 6 figures and in the top 1% of all uk income and would still be achieved by retirement for anyone who joined before 30. Most jobs / careers these days don't have a pay scale, none have a guarnateed payscale up to the 99th percentile of uk income.
If you don't think any of that is "decent" money then either you are a banker, or living in some bizare alternate reality.