Omega Financial Solutions Ltd
What this means for you
Because Omega Financial Solutions Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Omega Financial Solutions Ltd (FRN 624826) was declared in default by the Financial Services Compensation Scheme (FSCS) on 8 July 2019. The firm's product types are not specified in available records, preventing determination of the precise scope of its regulated activities. Eligible customers may be entitled to FSCS compensation, though the applicable limit—whether £85,000 for investments, mortgages, or deposits, or 90% of claims for insurance—depends on the financial products held at the time of default.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.