Legal Services - Altrincham, England, United Kingdom
Set-up by the owners and managers of one of the most successful claims management companies in the UK, TCG Legal is a cutting-edge law firm specialising in litigated Plevin PPI Claims. Our intention is to build a market leading financial claims law firm committed in its challenge of leading financial institutions to recover compensation on behalf of its clients for Plevin PPI claims. While we respect the traditions of the profession we are not your traditional law firm, we see ourselves as a forward-thinking firm, united by our commitment to work hard for our clients. We strive to stand above the rest, with our evolving business model and dynamic workforce. Our innovative style and approach builds our company culture and our vision to promote smart thinking, smart people and smart processes.What is Plevin?Historically, when financial institutions sold PPI they failed to disclose the commission they received, which was taken out of the PPI premiums paid by consumers. So, whilst consumers may have thought the premiums were for their cover, some of it was actually commission paid to the financial institutions for the sale of the PPI policies.A financial institutions' failure to disclose commission may have created an unfair relationship with the consumer. Following a Court ruling, commonly known as the Plevin ruling, if thi The Plevin rulingMrs Plevin was sold a PPI policy to cover her secured Loan from Paragon Personal Finance Ltd. She took a Claim to the Supreme Court in November 2014, alleging that the contract and her relationship with Paragon was unfair due to:• Non-disclosure of the commission• The percentage of the PPI premium that was commissionThe Supreme Court ruled that failure by the Lender to disclose to Mrs Plevin the large commissions payable out of her PPI premiums created an unfair relationship between her and the Lender and redress was awarded to Mrs Plevin.Our core values:DynamicRespectInfluenceVisionEnvironmentNew ways
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