I upgraded my system from 14.04 to 14.10 and after that indicator-cpufreq
was showing only two options: powersave and performance. After following this Ask Ubuntu answer
I was able to see all my CPU frequencies, but the CPU is always on 1500 MHz, although i have i3 from 779/800 MHz up to 1900 MHz.
It's a Thinkpad S440. With 14.04 CPU Scaling was working fine.
P.S. If i restart computer i have normal frequencies (lowest at 779 MHz) as long as it is plugged on AC, but after first standby or as soon as i pull cable off and the laptop is on battery i get these high CPU frequencies.