What does the cryptic crossword clue "Taker of risks intended, they say, to get improved situation (10)" mean?

The wordplay uses a homophone (sounds like). BETTER (synonym="BETTER") + MENT (synonym="MENT") = BETTERMENT The answer is BETTERMENT.

Taker of risks intended, they say, to get improved situation (10)

Times Cryptic #28678 | 16 Across | 2023-08-10 flower