<PAGE>
EXHIBIT (p)(1)
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned constitutes and
appoints Myles R. Tashman, Carolyn Mead and Marilyn Talman, and each of
them, with full power to act without the other, as a true and lawful
attorney-in-fact and agent, with full and several power of substitution,
to take any appropriate action to execute and file with the U.S. Securities
and Exchange Commission any amendment to the registration statement of The
GCG Trust (the "Trust"), execute and file any request for exemptive relief
from state and federal regulations, and perform on behalf of the Trust any
and all such acts as such attorneys-in-fact may deem necessary or advisable
in order to comply with the applicable laws of the United States or any
individual state, and in connection therewith to execute and file all
requisite papers and documents, including but not limited to, applications,
reports, notices, surety bonds, attorneys-in-fact and agents, and each of
them, full power and authority to do and perform each and every act requisite
and necessary to be done in connection therewith, as fully as each might or
could do in person, hereby ratifying and confirming all that such attorneys-
in-fact and agents or any of them, or their substitute or substitutes, may
lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney on the
16th day of November, 2000.
/s/ Barnett Chernow
----------------------
Barnett Chernow
/s/ John R. Barmeyer
----------------------
John R. Barmeyer
/s/J. Michael Earley
----------------------
J. Michael Earley
/s/ Barbara Gitenstein
----------------------
R. Barbara Gitenstein
/s/ Robert A. Grayson
----------------------
Robert A. Grayson
----------------------
Elizabeth J. Newell
/s/ Stanley B. Seidler
----------------------
Stanley B. Seidler
/s/ Roger B. Vincent
----------------------
Roger B. Vincent
<PAGE>
