I am pleased with the news that Parliament will have legislation set before it on Thursday tomorrow, which will allow the CDC on a whole of life basis to go ahead. A consultation about at retirement CDC will follow shortly.

Today there is a CDC Forum meeting organised by David Pitt-Watson and in Aon’s offices in the City of London. The point of the meeting isn’t clear from the invite but I’m going and I’ve helped invite people from both the delivery side and from employers who desperately want to get on with helping their staff to better pensions. It has been a long time talking, let’s have some legislation so we can get things done.

I am not standing on the side of this conversation and watching, I want to devote my efforts to turning pots to pensions and while this could not be done through variants of superfunds (PSH), I see no reason why it cannot be done without the guarantees of buffers, through CDC.

This launch (what CIC is to launch we will find out) , is being attended by the Pension Minister and it is going on a long time – I have a long time in my day.

Perhaps the meeting may shed some light on when we know how what it will take to set up a CDC scheme for more than the Royal Mail (who were a special case).

What I hope this meeting isn’t , is another grouping of elite actuaries and lawyers who go off and have intense discusses over potential failure and don’t make commercial CDC schemes a reality. To be sustainable CDC needs to be commercial for employers, providers and most of all for members.

I don’t want any more Forums (after this). I want urgent discussions on how CDC schemes can be implemented.  We know it can be done for employers large and small. We know that CDC can  boost pensions by 60% more than the alternatives. Let’s get them  created offered and delivered.

What is needed is a simple system of administration, hopefully built on the latest technology and capable of being upgraded to the latest technology when that comes along. I do not expect my software to sit bypassing upgrades, I am looking for CDC to provide an interface with employers, members and to the regulators at the flick of a screen as well as the click of a typing board.

I want a system where contributions paid in cash are invested efficiently purchasing pension for the future (pension that can increase or decrease depending on returns of the investment but generally delivering what members see themselves building up (in real terms),

I want collective investment by the very best, recognising the limitations of getting started but looking to find ways to pool with money already in the system to give people the best chance of that 60% improvement in pensions.

I want governance that keeps these schemes as honest and transparent as DC master trusts and of DB schemes. We have got the legislators, regulators and trustees, why aren’t we using them?

What I do not want is talk. We have been talking about Dutch and Canadian systems, of potential to go wrong and risks that schemes would have to get wound up. We have had more delays than for the pension dashboard or the DB superfund. We have windowless room meetings in the DWP and pronouncements from various groups of lawyers and actuaries claiming to be “friends of CDC” but we only have the Royal Mail, and frankly that is just a DB scheme with a DC contribution structure, for a company that people join and never leave. It is not a system that is useable for bus drivers or retailers or employers associated with the church.

What we need is a way for ordinary people to find themselves in CDC schemes because ordinary employers want better pensions for their staff than they can get from old fashioned pension saving (leading eventually to annuities). Likewise we need the bright young people building systems that attract bright people to pensions. I would like to see GPPs like Collegia, True Potential, Penfold – yes and Pension Bee showing us what can be done with new technology, perhaps converting to CDC rather than be swallowed up as a result of the Scale requirements of the Pension Bill (Pension Bee is not  a workplace pension).

I do not want to hear lawyers and actuaries dominating the discussions today, nor insurers (you have been heard enough these last 10 years since Steve Webb brought Defined Ambition back to the table).

I want to hear a Pension Minister with the fire in his belly, fresh from hours in the Exchequer sorting out this year’s budget but wanting to see his vision of a fresh pension system in place by 2030. I want to have a pension system that leads to a pension not to the wretched disappointment of annuities we had till 2015 nor to the mess of pension freedoms which feeds our pension pots to the markets – a terrible mess for most people.

Yes I am angry, at 5,30 am on the morning of a meeting as yet 7 hours away, I have fire in my belly because I want to be heard, I am 64 in  three weeks, I am tired of waiting, if I cannot invest in a CDC plan and get a proper pension by the time I reach retirement age I will mighty frustrated. I don’t want to stand behind the dashboard , I want that as well.

And I speak to people who want to work with me to deliver the vision I have had for 15 years, that was given me by the great Derek Benstead and Hilary Salt and Terry Pullinger. That has been kept alive politically by David Pitt-Watson and is now writ large over the Pension Scheme Bill (soon to be Act).

Let us wait no longer , Torsten Bell. We are like greyhounds in the traps waiting for the gates to lift. Let us create CDC for everyone, not just the elite who own it today.