Advice firm Omega Financial Solutions has been declared in default by the FSCS after it was told to stop pensions and investment business more than a year ago.
According to its entry on the financial services register, the firm was told to stop carrying out all regulated activity that related to pension and investment business on 2 July 2018. The Financial Services Compensation Scheme (FSCS) said the troubled advice firm was based in Greater London. The FCA and Companies House have the firm based in Blackpool, however. Omega Financial Solutions was declared in default along with five financial firms in July. Two of these companies were based in the south west and were also financial advice firms - Leech & Burgess IFA LLIP and Westbury Capita...
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