It’s involved, but you can build the engine from source with the latest physx version and correct this too.
Not sure why -legal?- epic hasn’t bothered updating their broken distro in a long while.
On that note. If you don’t want to fix stuff (can’t blame you, the reason we use an engine in the first place is we shouldn’t have to do stuff like this, right? Not, not according to Epic 
)…
Try the Chaos build.
And if it doesn’t work as intended, supposedly (rumor and hearsay!), the epic team might actually care enough to fix it.
They have been trying to say that their concoction is going to be much better than physx.
In my testing of it, this is anything but true…
The only hope for it is that they actually bother addressing customer feedback…