Pre-heat oven to 350F. In an 8 X 8 baking pan, arrange sliced peaches evenly and set aside. You can also use individual ramekins.
In a bowl, add flour, brown sugar, butter, cinnamon, nutmeg and salt. Using a pastry cutter, blend until mixture is crumbly and flour and butter are starting to combine. Add rolled oats and almonds; stirring to combine.
Sprinkle mixture evenly over peaches. Bake for 30-35 minutes or until topping is golden brown. If using ramekins, bake time will be about 5 minutes less. Serve warm with cream or vanilla ice cream.