Hello Joe,
At the moment, SmarterMail won't hide the Recovery Email Address setting, even if Enable Password Retrieval is disabled at the system level. However, that design will be modified in version 17.x. The BETA release of SmarterMail 17.x is tentatively planned for March, so please stay tuned.
Andrea Free
SmarterTools Inc.
877-357-6278
www.smartertools.com