Servos generally plug into the radio and get their power from it. Radios generally don't like any higher voltage than they are rated for. Any RC equipment intended for more than the old "standard" of 6 volts (2 lead acid cell, 4 dry cells or 5 NiCads) would generally shout it from the rooftops as being a unique selling point. If the capability of high voltage isn't shouted, it doesn't happen.
Back when I was reading spec sheets for the likes of servo chips, the ones that I read about had a maximum voltage of 7.5. I expect that that is still mostly true. There are some plug-ins that run on programmable chips whith an absolute max of 5 volts, and these usually have this mentioned in the instructions.
Nowadays there are very compact, cheap, reliable and efficient switching voltage regulators capable of supplying seveal amps that are little more than a modest lump in the middle of a lead. Very suitable for powering a small model that needs 5 volts to work the electronics from, say, a 2 cell LiPo at a nominal 7.4 volts which might be rather more when freshly charged.