I have the same issue and get the same results - i.e. "enter a complex password." 

I do bookkeeping for several entities.  I don't do payroll, I don't download transactions from banks or credit cards.  I don't need a password and I don't want passwords on the company files.  I agree that it seems like this would be a simple fix for Intuit to perform and it's really frustrating that they don't fix it.