I can absolutely assure your 2.0 diesel DOES have a turbo. I think the last Volvo diesel to not have a turbo was the first batch of low powered 1.9D V40's in the late 1990's.
As iainmd said, check the intercooler hoses and other turbo related bits. Also, follow the pipe from your air filter, and at the other end there will be a turbocharger.
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Current: 2003 VW Passat 1.9TDI, 1979 Saab 99 turbo, 1968 MGB GT,
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