So named as it can be a pest in commercial bulb fields as the larvae feed on daffodils. In my garden (and most of lowland Britain) however it probably feeds on the odd bluebell and isn’t a problem.
The Large Narcissus Fly (Merodon equestris) is a hoverfly and is yet another one of the species which is a bumblebee mimic (also see here and here). The species has several forms to mimic different species of bumblebee. This animal is the form narcissi and is a mimic of the Common Carder Bumblebee.
Both insects are now on the wing in Devon and both are quite common.