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Over Half of Hong Kong Workers Surveyed Say AI Is Making Retirement More Unpredictable; Only 1 in 5 Feel Financially Prepared

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A majority expect retirement to happen in stages, as AI widens the range of possible career and retirement paths

HONG KONG, Oct. 12, 2026 /PRNewswire/ — More than half (55%) of Hong Kong working adults surveyed say artificial intelligence (AI) will make their path toward retirement more unpredictable than that of the previous generation, yet only 21% feel fully or substantially financially prepared to stay on track for their ideal retirement if AI changes their work, income or path toward retirement, according to a survey conducted by T. Rowe Price, a global asset management firm and a leader in retirement investment management.

This AI-related uncertainty comes as retirement itself is becoming less linear. Among respondents with a clear view on how they will retire, nearly three-quarters (72%) expect to move toward retirement through multiple stages rather than transition directly from full-time work into retirement. Meanwhile, 63% believe the growing use of AI in the workplace will increase the need for flexible retirement arrangements.

The 2026 T. Rowe Price Hong Kong Retirement Survey was conducted in August 2026 among 1,004 Hong Kong residents age 30 or older who were undertaking paid work and earning at least HK$15,000 per month.

Workers in their 30s expect particularly pronounced AI-related uncertainty. Among respondents aged 30 to 39, 61% expect AI to make their path toward retirement more unpredictable. The finding suggests that workers with longer careers ahead may increasingly need to plan for a wider range of possible career, income and retirement outcomes.

AI Could Take Working and Retirement Lives in Different Directions

Respondents expect AI to reshape working lives in both positive and disruptive ways. Over half (56%) think AI is likely to enable more flexible ways of working, while 43% see the potential for new career, business or income opportunities. At the same time, 70% expect to need new skills to adapt to AI-related changes, and 49% expect AI to disrupt their employment or business income.

This mix of opportunity and disruption could also affect when people retire. Some 72% are already using or would consider using AI to work more efficiently so they can extend their careers, while 60% have already started or would consider using AI to reduce their working hours or move towards retirement earlier than expected. The findings suggest AI could shift retirement timing in either direction.

AI could also make retirement less of a one-way exit. Some 69% have already returned or would consider returning to paid work after retiring from their main career, using AI to work more flexibly or effectively. AI could add further stages before retirement too: 81% have started or would consider investing time or money in developing skills that may become more valuable in the age of AI, 73% using AI to work independently through freelance, consulting or project-based work, and 58% using AI to start a business or side business.

However, financial preparation for these possibilities is much lower. Among those considering each path, only 35% have prepared financially for extending their careers, 27% for reducing working hours or moving towards retirement earlier, and 26% for returning to paid work after retirement.

Raymond Chan, Head of Greater China Intermediary Distribution at T. Rowe Price, said:

“Retirement is becoming less of a single point in time and more of a journey. AI adds another layer of uncertainty because it could enable some people to work longer or more flexibly, while prompting others to reskill, reduce their hours or rethink when they retire.

“Our survey suggests the question is no longer simply how much people need to retire, but whether their financial plans can adapt to different ways of getting there. As working lives become more varied, financial flexibility becomes increasingly important as career length, income and retirement paths change.”

Financial Flexibility Has Yet to Keep Pace

Nearly 60% of respondents believe they will need more than HK$5 million in savings and investments to retire with peace of mind, including 22% who believe they will need more than HK$10 million.

AI could make that target harder to plan around, with 44% saying the potential impact of AI on their work, income and retirement journey means they will need more money for retirement. Yet only 21% feel fully or substantially financially prepared to stay on track for their ideal retirement if AI changes their work, income or retirement path. The planning gap is similarly stark: just 15% have a comprehensive retirement plan that they review regularly.

The most common financial response to AI is focused on short-term resilience: 43% have built or increased an emergency savings buffer, compared with only 28% who have reviewed or changed their retirement investment mix.

This short-term response contrasts with what respondents say they want from their retirement investments, with 40% citing inflation protection as one of the most important features of a retirement investment approach and a similar proportion (39%) citing long-term growth.

Wenting Shen, Global Investment Solutions Strategist and Portfolio Manager at T. Rowe Price, said:

“Building an emergency savings buffer is a sensible way to prepare for the short-term uncertainty workers may face in the age of AI, but an emergency fund and a long-term retirement investment strategy serve very different purposes. Retirement may last for decades, and holding too much of a long-term retirement portfolio in cash can leave purchasing power vulnerable to inflation. That matters when respondents themselves identify inflation protection and long-term growth as important retirement investment needs.

“If people retire earlier, later or in stages, their investment horizon and risk needs may change too. That makes it important to have an investment framework that can adapt over time, while allowing investors to adjust their retirement approach if their circumstances change.

“A retirement glide path is one such framework, gradually adjusting the balance between growth and more defensive assets as an investor moves toward and through retirement. This disciplined approach to asset allocation can help balance long-term growth, retirement income objectives and changing risk capacity, while providing flexibility as the retirement journey evolves.”

To learn more about the survey findings and explore retirement planning resources, visit T. Rowe Price Hong Kong’s retirement website at: troweprice.com/hk/retirement

About T. Rowe Price

T. Rowe Price is a leading global asset management firm, entrusted with managing US$1.89 trillion in client assets as of June 30, 2026, about two-thirds of which are retirement-related[1]. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its longstanding expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets. For more information, visit troweprice.com.

Important Information

This material is being furnished for general informational purposes only. The material does not constitute or undertake to give advice of any nature, including fiduciary investment advice. Prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. T. Rowe Price group of companies including T. Rowe Price Associates, Inc. and/or its affiliates receive revenue from T. Rowe Price investment products and services. Past performance is not a reliable indicator of future performance. Investment involves risks. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested.

The material does not constitute a distribution, an offer, an invitation, a personal or general recommendation or solicitation to sell or buy any securities in any jurisdiction or to conduct any particular investment activity. The material has not been reviewed by any regulatory authority in any jurisdiction.

Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources’ accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the date written and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price.

The material is not intended for use by persons in jurisdictions which prohibit or restrict the distribution of the material and in certain countries the material is provided upon specific request. 

Hong Kong — Issued by T. Rowe Price Hong Kong Limited, 6/F, Chater House, 8 Connaught Road Central, Hong Kong. T. Rowe Price Hong Kong Limited is licensed and regulated by the Securities & Futures Commission (“SFC”). This material has not been reviewed by the SFC.

© 2026 T. Rowe Price. All Rights Reserved. T. Rowe Price, INVEST WITH CONFIDENCE, the Bighorn Sheep design, and related indicators (see troweprice.com/ip) are trademarks of T. Rowe Price Group, Inc. All other trademarks are the property of their respective owners. Use does not imply endorsement, sponsorship, or affiliation of T. Rowe Price with any of the trademark owners.

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[1] Firmwide AUM includes assets managed by T. Rowe Price Associates, and its investment advisory affiliates, in addition to SMA Model Delivery.

 

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SOURCE T. Rowe Price

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IQVIA Selects Veeva Clinical Operations Applications

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RESEARCH TRIANGLE PARK, N.C. and PLEASANTON, Calif., Oct. 13, 2026 /PRNewswire/ — IQVIA (NYSE: IQV) and Veeva Systems (NYSE: VEEV) today announced an expansion of their partnership with the selection of Veeva CTMS, eTMF, Study Startup, and Site Connect as enterprise standard applications that will be used across IQVIA clinical development studies. This extends the previously announced EDC partnership.

Together, IQVIA and Veeva bring best-in-class capabilities to clinical research to help customers increase trial speed and efficiency, strengthen site centricity, and make better-informed decisions, ultimately helping get life-changing treatments to patients faster. All Veeva clinical solutions are also available through IQVIA for sponsors who wish to enable a full Veeva technology stack.

“By bringing our companies’ strengths together, we’re giving clinical teams a more connected way to work, built on frictionless integration of our respective technologies,” said Richard Staub, president of Research and Development Solutions at IQVIA. “Just as importantly, customers retain the flexibility to choose the EDC, RTSM, and eCOA technologies and solutions that best meet their needs, including IQVIA’s innovative capabilities.”

“This is an exciting expansion of the partnership IQVIA and Veeva announced last year and the work we have done together since,” said Veeva founder and CEO Peter Gassner. “We are committed to supporting seamless product and services integration for the benefit of our customers and improving access to innovations for patients.”

Join us at Veeva R&D and Quality Summit on October 20-21 in Boston to learn more.

About IQVIA
IQVIA (NYSE:IQV) is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. IQVIA’s portfolio of solutions are powered by IQVIA Connected Intelligence™ to deliver actionable insights and services built on high-quality health data, Healthcare-grade AI®, advanced analytics, the latest technologies and extensive domain expertise. IQVIA is committed to using AI responsibly, with AI-powered capabilities built on best-in-class approaches to privacy, regulatory compliance and patient safety, and delivering AI to the high standards of trust, scalability and precision demanded by the industry. With approximately 94,000 employees in over 100 countries, including experts in healthcare, life sciences, data science, technology and operational excellence, IQVIA is dedicated to accelerating the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide.

IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

About Veeva Systems
Veeva delivers the industry cloud for life sciences with applications, agents, data, and consulting. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,500 customers, ranging from the world’s largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.

Veeva Forward-Looking Statements
This release contains forward-looking statements regarding Veeva’s products, services, and the expected benefits from use of our products and services, and forward-looking statements regarding Veeva’s partnership with IQVIA and the expected benefits of the partnership. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the fiscal year ended July 31, 2026, which you can find here (a summary of risks which may impact our business can be found on pages 33 and 34), and in our subsequent SEC filings, which you can access at sec.gov.

Contact:

Kerri Joseph

Gunnar Hansen

IQVIA Investor Relations

Veeva Investor Relations

919-541-3558

267-460-5839

kerri.joseph@iqvia.com

gunnar.hansen@veeva.com

Alissa Maupin

Maria Scurry

IQVIA Media Relations

Veeva Media Relations

919-923-6785

781-366-7617

alissa.maupin1@iqvia.com

maria.scurry@veeva.com

 

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QuickLogic Secures Six-Figure eFPGA IP Contract for Automotive Industrial SoC

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Initial contract targets battery management and motor control applications using 16nm automotive process technology

SAN JOSE, Calif., Oct. 13, 2026 /PRNewswire/ — QuickLogic® Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions, today announced a new eFPGA Hard IP design win for a programmable system-on-chip (SoC) targeting battery management, precision motor control, and industrial robotic applications on a 16nm automotive process technology. The six-figure initial contract is expected to generate license revenue over the next six months, with royalty revenue anticipated upon production shipments.

The design win expands QuickLogic’s presence into the rapidly growing robotics and battery management semiconductor markets, which is being driven by increasing adoption of electric vehicles, battery energy storage systems, renewable energy infrastructure, and industrial manufacturing management solutions. It also builds on the Company’s strategy to expand adoption of its eFPGA Hard IP across applications requiring long product lifecycles, evolving algorithms, and post-silicon flexibility.

“Battery management systems, industrial applications, and robotics represent exciting growth markets where adaptability and long product lifecycles are becoming increasingly important design considerations,” said Andy Jaros, Vice President of IP Sales at QuickLogic. “As these systems grow more intelligent and software-driven, developers need the flexibility to evolve hardware functionality throughout a product’s life. Our eFPGA Hard IP provides that capability while preserving the efficiency benefits of a custom SoC.”

Battery management systems have become increasingly sophisticated, demanding higher energy density, faster charging, longer operating life, enhanced safety, and improved system intelligence. Similarly, application-specific motor control systems demand reduced energy consumption, extended operating life, and early fault detection. As control algorithms and system requirements evolve, SoC developers increasingly need hardware flexibility without sacrificing the power, performance, and cost advantages of ASIC implementations.

QuickLogic’s eFPGA Hard IP enables developers to incorporate programmable hardware functionality directly into their SoCs, allowing them to adapt algorithms, implement new features, accelerate critical workloads, and extend product lifecycles without requiring costly silicon redesigns.

The SoC will leverage QuickLogic’s proprietary Australis™ eFPGA IP Generator, enabling a programmable logic fabric optimized for the customer’s specific performance, power, and area requirements. The embedded programmable logic can be utilized for hardware acceleration, security functions, communications interfaces, advanced control algorithms, and other application-specific functionality.

For more information about QuickLogic’s customized eFPGA Hard IP solutions for automotive, energy, industrial, aerospace and defense, AI/ML, communications, and other applications, contact info@quicklogic.com.

About QuickLogic 

QuickLogic is a fabless semiconductor company specializing in embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions. QuickLogic’s unique approach combines cutting-edge technology with open-source tools to deliver highly customizable low-power solutions for aerospace and defense, industrial, computing, and consumer markets. For more information, visit www.quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

 

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SOURCE QuickLogic Corporation

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CGI Federal announces Momentum® 8.4, expanding automation, AI and built-in compliance capabilities for federal agencies

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FAIRFAX, Va., Oct. 13, 2026 /PRNewswire/ — CGI Federal Inc. (CGI Federal), a leading provider of technology and professional services for the U.S. government, today announced a new release of its Momentum Enterprise Suite. The latest release delivers significant enhancements to the built-for-federal financial, acquisition and budget management system, expanding automation, AI-driven insights and streamlined workflows for federal agencies. Designed to help organizations increase efficiency and respond to evolving regulatory requirements, Momentum 8.4 introduces modern capabilities designed to improve operational performance, ease compliance burden and enhance user experience.

Momentum 8.4 helps federal agencies to unlock deeper insights and optimize their operations with its latest advancements. Through AI-backed conversational analytics offered via Momentum’s analytics agent, agencies can access and interpret data more easily. Additionally, this new release introduces enhancements designed to streamline business processes and maximize utilization of unused funds. Specifically, it features improved capabilities for managing unliquidated obligation (ULO) and unliquidated commitment (ULC) balances, as well as automated recommendations for efficient credit card reconciliation.

This latest release also includes several important updates that support federal compliance. For example, Momentum 8.4 is the first core financial system on the Treasury Financial Management Quality Service Management Office (FM QSMO) Marketplace to offer commercial-off-the-shelf (COTS) integration with GO.gov, the travel management system for federal agencies, enabling integrated processing of travel authorizations, vouchers and advances. It also offers additional regulatory improvements such as new payment justification capabilities and integration with the Internal Revenue Service (IRS) Information Returns Intake System (IRIS), allowing agencies to keep pace with the latest federal mandates.

Another major feature of Momentum 8.4 is the introduction of six action-oriented workspaces purpose‑built for federal workflows, including budget execution, automated match, intra-governmental transaction management, streamlined ordering, credit card statement reconciliation and GO.gov travel management. Each of these workspaces provide guided processes, data insights and centralized tools that improve the speed and quality of work for federal users, helping them complete tasks more intuitively and efficiently. For example, the GO.gov workspace supports financial optimization by simplifying the recovery of unused travel advances through improved visibility and recommended actions.

“Federal agencies are looking to modernize core operations while navigating evolving requirements and increasing demands for efficiency,” said Kerry Canfield, Vice-President, CGI Federal. “Momentum 8.4 expands automation and compliance capabilities while introducing user-centric enhancements designed to reduce operational complexity across federal supporting functions.”

Momentum 8.4 is available now to all federal agencies. To learn more about how this release can support mission performance and modernize financial, acquisition and budget operations, visit www.cgi.com/Momentum.

About CGI Federal’s Momentum® Enterprise Suite

Momentum is the industry-leading budget, financial and acquisition management software and the first core financial management solution approved by the U.S. Department of the Treasury’s Financial Management Quality Service Management Office (FM QSMO). Purpose-built for federal agencies, Momentum leverages agentic AI, intelligent automation, and exception-based processing to empower agencies to achieve new heights of efficiency and compliance with evolving federal priorities. Momentum is CGI Federal’s flagship financial management solution and leverages agentic AI, intelligent automation and exception-based processing to empower agencies to achieve new heights of efficiency and compliance with evolving federal priorities.

About CGI Federal

CGI Federal Inc. is a leading U.S.-based technology and professional services company that serves federal agencies across defense, civilian, healthcare, justice, intelligence and international affairs. With nearly 8,000 professionals, CGI Federal works with its clients to modernize government through innovative technology solutions, flexible delivery models and a commitment to achieve mission outcomes. CGI Federal is a wholly-owned subsidiary of CGI Inc. For more information, visit www.cgifederal.com.

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SOURCE CGI Federal, Inc.

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