The Financial Services Compensation Scheme (FSCS) has opened for claims against Bullseye Financial (Bullseye) after the investment management firm entered administration.
In an update published today (27 October), the FSCS said customers who believe they may have a compensation claim against the firm can now submit one through its online claims service. However, claims will not immediately be passed to its assessment teams while it investigates whether the firm meets the qualifying conditions for compensation. The FSCS said it is working closely with the Financial Conduct Authority (FCA) as part of its investigation. Bullseye entered administration on 23 October 2026. Robert Young of Azets Holdings and Matthew Haw of RSM UK Restructuring Advisory were ...
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