>Most web based forums that require registration and an ID / password to gain access also have a mechanism to recover forgotten passwords. This is usually done by entering your e-mail address and the system then e-mails your password. Does the UT have anything like this (not a secret question alternative)?

Yes, this assume that once you access the site, you don't have the login information, so once clicking on Account setup, you'll be able to proceed from there.

Those options are in your account setup Authentication options.