The Financial Conduct Authority (FCA) reported that Bullseye Financial Ltd entered administration on 23 October 2026. The firm had agreed to a voluntary requirement to stop all regulated activity on 11 March 2026. Authorised by the FCA, it served only professional investors, managing portfolios within agreed limits or executing investment instructions without providing advice. Robert Young of Azets Holdings Limited and Matthew Haw of RSM UK Restructuring Advisory LLP were appointed joint administrators and are responsible for managing the firm’s affairs during administration. Customers should beware of fraudsters impersonating the firm or its administrators and demanding payment to recover investments.