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Our “Ultimate Retirement Income Action Plan for 2019-20 and Beyond” broadcast is now streaming! (But only for a very limited time!)

So, if you’d like hear more about the only 19 shares our Chief Investment Officer, Scott Phillips, has put in his own family’s retirement accounts…

And why Motley Fool Australia has chosen to back this “Everlasting Income” portfolio with $1,000,000 of our company’s own money

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Post Budget fallout for Link Administration Holdings Ltd

Link Administration Holdings Ltd’s (ASX: LNK) shares are down 6% to $7.45 at the time of writing due to a report released by the company indicating that the Federal Budget’s proposed changes to the treatment of inactive superannuation accounts are likely to impact revenues. The changes will mean that accounts of less than $6,000 not receiving contributions for 13 months, will be transferred to the Australian Tax Office. Link has advised that this could reduce revenues due to a lower number of accounts being administered, although at this time the extent is not known.

Link Administration, a technological administer of outsourced superannuation, is trading on a forward price-earnings- ratio (PER) of 20x and is paying an annual dividend yield of 2%.

Computershare Limited (ASX: CPU), which is in the same sector as Link Administration, is trading on a forward PER of 18x with the share price up 22% in a year.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We're living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That's why at The Motley Fool we've been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Cochlear or REA Group.

We've found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor Rosemary Steinfort has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Computershare. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

5 ASX Stocks for Building Wealth After 50

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