Index: field_collection.module
--- field_collection.module Base (BASE)
+++ field_collection.module Locally Modified (Based On LOCAL)
@@ -720,6 +720,6 @@
       foreach ($items as $delta => $item) {
         if ($field_collection = field_collection_field_get_entity($item)) {
-          $output = l($field_collection->label(), $field_collection->path());
+          $output = l($field_collection->label(), $field_collection->path(), array('html' => TRUE));
           $links = array();
           foreach (array('edit', 'delete') as $op) {
             if ($settings[$op] && field_collection_item_access($op == 'edit' ? 'update' : $op, $field_collection)) {