The current requirement for passwords are a bit counterproductive. They make for a password that is very difficult to remember and do not increase the actual strength of the password that much.

The current requirements are OK except for the one requiring "At least 1 special character". At the moment, I actually choose not to have a password because I know I will forget a password with a special character, and then I will spend numerous attempts getting it right, maybe even resetting the password each time I log in.