Would I be right in assuming that the slower the speed, the cooler the return will be, as hot water spends longer inside the radiators?
Basicall, yes, but one has to look at the whole picture.
If your rads are sized to give full output at a dT 20C,the flow temperature must be 80C, so you then have flow/return/dT/output
80C/60C/20C/100%, a 1500 watt rad will output 1500 watts. The flow rate must be 0.72LPM/kw, 25kw "worth" of rads require a total flowrate of 18.0LPM.
If you now reduce the flow temperature, as you have, to 45C then (assuming flowarete remains unchange) you will get, flow/return/dT/output,
45C/38C/7C/33.6%, a 1500 watt rad will now output 500 watts. Now, a return temp (which defines the condensing effect) of 38C will give excellent condensing/boiler efficiency. If you want to achieve a still further reduction in return temperature but don't want a reduction of rad output of 500 watts then if you increase the flow temperature to 55C and reduce the flowrate to 0.18LPM/kw, you will get....
flow/return/dT/output, 55C/28C/27C/33.6%, the 1500 watt rad will still output 500 watts but now with only a return temperature 28C and still better condensing.
This is why weather compensation can work so well, relatively simple to reduce the boiler flow temperature without any need to reduce the flow rate.
Your 8M UPS 2 pump is very powerful, the 3 constant speed CC settings give 6M, 7M & 8M, even speed 1 at 6M is not required in most cases so I would (if not allready done so) suggest PP (proportional pressure) mode setting 2 and see how you get on.
If the boiler displays the flow/reurn temperatures then note them or if you have a IR gun measure them at the boiler flow/return.