90K Sipp to invest

[Ifnotnow8]

A retired female, aged 67 and in good health is looking at investing 90K cash which is currently sitting in a Sipp with AJ Bell. She is not risk averse and would like a simple portfolio which is a long term buy & hold.The beneficiary for the SIpp is her niece - aged 42 yrs.

Her current financial postion is as follows-
Occupational Pension - £33k (index linked)
State pension - £7K (index linked)
Cash - £400K (£315K unsheltered & £85k in ISA)
Equities unsheltered - £55K( £50K Worldwide Healthcare Trust with interactive investor; £2K (M&G Global Fund OEIC) & about £3K in BT & Lloyds shares)
Equities sheltered - £400K ( Worldwide Healthcare Trust, Alliance Investment Trust, RIT Capital Partners, Temple Bar Investment Trust, VWRL, VAPX & VJPN) with Interactive Investoor

Outgoings - about £2K per month.
She is going to need about £100k on a major house renovation in 2022.

Look forward to all your views & comments.
Thanks,
Ifnotnow8

[JohnB]

If she already understands the benefits of VWRL, just get more of that.

[Adamski]

VWRL or one of the LifeStrategy funds, to keep simple.

[MyNameIsUrl]

There is an accumulator version of VWRL which might make things simpler still, with no dividends to manage: VWRP.

[xxd09]

You seem to have a good handle on finance and investing
Keep going as you are
As we get older and less interested in investing some put all our equities in a global equities index tracker and then go and play golf etc
Simple cheap easy to understand and does better than over 85+ of active funds
I would have two years living expenses in cash and invest the rest -using SIPP and ISA wrappers as much as you can
That’s it
xxd09