Reset password email not working 'again'

[jcats]

This is the second time now they have broken the reset password feature.  If the customer requests a password reset, it sends the first email which works, then the second email they get that is suppose to have the link to reset it, its blank.

Version: 4.7.8:4407   

Can anyone else reproduce this?  We use:

<a href="{$hash}"> {$hash}</a>

for the link in the email template.

[Sentro]

This should be the 2nd email he receives

Mr {$client.firstname} {$client.lastname},


Email: {$client.email}
Password:{$newpass}

Link {$system_url}

so basically you need the $newpass