The majority (60 percent) of UK adults are not currently saving for care fees, research from Irwin Mitchell Private Wealth revealed.

The research, which was conducted by YouGov on behalf of the law firm surveyed over 2,100 adults living in the UK, also found that just nine percent have any sort of plan in place.

However, arguably the greatest concern is that 70 percent admitted to having no idea how much care home fees cost.

There is also a dramatic difference in attitudes towards financial planning across generations. Of those aged 18-24, 54 percent were either saving already or planned to save specifically f...