The interaction between different financial disciplines is exciting to observe when they’re coordinated to support a family or business in their money goals. But there are other fiduciaries that are often neglected, but nevertheless needed. One such group are the department heads of Human Resources for firms. Surprisingly most HR responsibilities seem to focus on the healthcare arena and do little in the retirement planning area. Many HR heads may not be aware of their fiduciary responsibility to their employees under the jurisdiction of section 404c compliance requirements. This is a serious piece of legislation that dictates the education of retirement plan participants and the oversight of that education falls into the purview of HR. The liability for non-compliance is a significant exposure to HR and the company’s owners. One such remedy available to HR decision makers is the Society for Financial Awareness (SOFA), a 501(c)(3) non-profit based out of San Diego, California. They have qualified educators from the ranks of financial advisers, insurance agents, attorneys and CPAs. It’s strictly instructional. No product or practice is promoted. Educating people on money items is the core competency of SOFA. The courses are conducted in classroom fashion and are formatted to help   Read more…