Across government and the city, policymakers and politicians are singing from the same hymn sheet: the City of London needs to start taking more risks. Britain is facing a looming retirement crisis unless more can be done to boost pension saving returns, as the Telegraph has outlined in detail over the past week. A combination of regulatory failures, undersaving and decades of inertia by fund managers have now come to a head, sparking a scramble to figure out what to do. Jeremy Hunt is focusing on how the UK can maximise returns for savers while investing more in home-grown assets.