When listing pages using the_loop(), the latest version of WordPress (2.8.4) does not allow for a “Read more…” link to be appended to a list of pages using the_content() along with the <!–more–> quicktag.

Although it wasn’t immediately obvious to me, read more links can be enabled by over-riding the global $more variable and setting it to false, before looping through the result set, for example: Read More