PET - Plain English Taxonomy

Attribute:	PL14868
Concept:	Equity Movements Retained Profits Transfers Into General Fund Amount
Label:	Total transfers in period - To General Funds
Concept Guidance:	This is the value, during the relevant period, for transfers of retained profits from a type of business of the entity to the general fund.

Dimensions

Dimension	Member	Description
BenefitTypeDimension	(ParticipatingBenefit)	This dimension is used to categorise reported information based on the type of benefit applicable. The reported information relates to policies providing participating benefits.Participating benefit has the meaning given in the Life Act.
LifeFundSegmentsDimension	(GeneralFundEliminations)	Life companies and friendly societies are required to segregate their business activities into that which is conducted for life insurance and that which is for internal operations of the company. This dimension identifies these business segments. The information reported represents the general fund eliminations of the reporting entity. Report the transactions between the general fund and statutory funds of the reporting life company, or between the general fund and approved benefit funds of the reporting friendly society.The general fund represents the business activities of the entity, other than those within the statutory funds of life companies and approved benefit funds of friendly societies.

Dimension

Member

Description

BenefitTypeDimension

(ParticipatingBenefit)

This dimension is used to categorise reported information based on the type of benefit applicable.
The reported information relates to policies providing participating benefits.Participating benefit has the meaning given in the Life Act.

LifeFundSegmentsDimension

(GeneralFundEliminations)

Life companies and friendly societies are required to segregate their business activities into that which is conducted for life insurance and that which is for internal operations of the company. This dimension identifies these business segments.
The information reported represents the general fund eliminations of the reporting entity. Report the transactions between the general fund and statutory funds of the reporting life company, or between the general fund and approved benefit funds of the reporting friendly society.The general fund represents the business activities of the entity, other than those within the statutory funds of life companies and approved benefit funds of friendly societies.