Basically the formal parameter is unbound on the PointCut.  
Here is an alternate working example based on the approach detailed in this post: @AspectJ Class level Annotation Advice with Annotation as method argument
I modified your approach slightly to avoid the problem for a couple of reasons :
simplified the initial PointCut and gave it a single responsibility
- gave it a descriptive name indicating its purpose 
 
- made it more reusable by removing the dependency on Loggable
 
- kept it close in implementation to most of the sample documentation available
 
 
broke the Advice into two simpler methods each with a single responsibility that is easy to comprehend
- simplified the expressions by removing fancy operators
 
- injected the annotation directly into the Advice where its used rather than attempting to pass from the PointCut which feels like an unnecessary complexity
 
- kept it close in implementation to most of the sample documentation available
 
 
added the start of a unit test to verify the expected behavior so that changes can be made responsibly to the PointCut and Advice expressions  (you should complete it)
 
When working with PointCut/Advice Expressions, I generally try to go for the simplest, clearest solutions possible and unit test them thoroughly to ensure the behavior I expect is what I get.  The next person to look at your code will appreciate it.
Hope this helps.
package com.spring.aspects;
import static org.junit.Assert.assertEquals;
import org.aspectj.lang.JoinPoint;
import org.aspectj.lang.ProceedingJoinPoint;
import org.aspectj.lang.annotation.Around;
import org.aspectj.lang.annotation.Aspect;
import org.aspectj.lang.annotation.Pointcut;
import org.junit.Test;
import org.junit.runner.RunWith;
import org.slf4j.Logger;
import org.slf4j.LoggerFactory;
import org.springframework.beans.factory.annotation.Autowired;
import org.springframework.context.annotation.Bean;
import org.springframework.context.annotation.Configuration;
import org.springframework.context.annotation.EnableAspectJAutoProxy;
import org.springframework.test.context.ContextConfiguration;
import org.springframework.test.context.junit4.SpringRunner;
import org.springframework.util.StopWatch;
import java.lang.annotation.Documented;
import java.lang.annotation.ElementType;
import java.lang.annotation.Retention;
import java.lang.annotation.RetentionPolicy;
import java.lang.annotation.Target;
@RunWith(SpringRunner.class)
@ContextConfiguration(classes = AspectInjectAnnotationTest.TestContext.class)
public class AspectInjectAnnotationTest {
    @Documented
    @Retention(RetentionPolicy.RUNTIME)
    @Target({ ElementType.TYPE, ElementType.METHOD })
    public @interface Loggable {
        boolean duration() default false;
    }
    @Aspect
    public static class LogInterceptorAspect {
        @Pointcut("execution(public * *(..))")
        public void anyPublicMethod() {
        }
        @Around("anyPublicMethod() && @annotation(loggable)")
        public Object aroundLoggableMethods(ProceedingJoinPoint joinPoint, Loggable loggable) throws Throwable {
            return log(joinPoint, loggable);
        }
        @Around("(anyPublicMethod() && !@annotation(AspectInjectAnnotationTest.Loggable)) && @within(loggable)")
        public Object aroundPublicMethodsOnLoggableClasses(ProceedingJoinPoint joinPoint, Loggable loggable)
                throws Throwable {
            return log(joinPoint, loggable);
        }
        public Object log(ProceedingJoinPoint joinPoint, Loggable loggable) throws Throwable {
            getLogger(joinPoint).info("start [{}], duration [{}]", joinPoint.getSignature().getName(),
                    loggable.duration());
            StopWatch sw = new StopWatch();
            Object returnVal = null;
            try {
                sw.start();
                returnVal = joinPoint.proceed();
            } finally {
                sw.stop();
            }
            getLogger(joinPoint).info("return value: [{}], duration: [{}]", returnVal, sw.getTotalTimeMillis());
            return returnVal;
        }
        private Logger getLogger(JoinPoint joinPoint) {
            return LoggerFactory.getLogger(joinPoint.getSignature().getDeclaringType());
        }
    }
    // class level annotation - should only proxy public methods
    @Loggable(duration = true)
    public static class Service1 {
        // public - should be proxied
        public String testS1M1(String test) {
            return testProtectedM(test);
        }
        // public - should be proxied
        public String testS1M2(String test) {
            return testProtectedM(test);
        }
        // protected - should not be proxied
        protected String testProtectedM(String test) {
            return testPrivateM(test);
        }
        // private - should not be proxied
        private String testPrivateM(String test) {
            return test;
        }
    }
    // no annotation - class uses method level
    public static class Service2 {
        @Loggable
        public String testS2M1(String test) {
            return protectedMethod(test);
        }
        // no annotation - should not be proxied
        public String testS2M2(String test) {
            return protectedMethod(test);
        }
        // protected - should not be proxied
        protected String protectedMethod(String test) {
            return testPrivate(test);
        }
        // private - should not be proxied
        private String testPrivate(String test) {
            return test;
        }
    }
    // annotation - class and method level - make sure only call once
    @Loggable
    public static class Service3 {
        @Loggable
        public String testS3M1(String test) {
            return test;
        }
    }
    // context configuration for the test class
    @Configuration
    @EnableAspectJAutoProxy
    public static class TestContext {
        // configure the aspect
        @Bean
        public LogInterceptorAspect loggingAspect() {
            return new LogInterceptorAspect();
        }
        // configure a proxied beans
        @Bean
        public Service1 service1() {
            return new Service1();
        }
        // configure a proxied bean
        @Bean
        public Service2 service2() {
            return new Service2();
        }
        // configure a proxied bean
        @Bean
        public Service3 service3() {
            return new Service3();
        }
    }
    @Autowired
    private Service1 service1;
    @Autowired
    private Service2 service2;
    @Autowired
    private Service3 service3;
    @Test
    public void aspectShouldLogAsExpected() {
        // observe the output in the log, but craft this into specific
        // unit tests to assert the behavior you are expecting.
        assertEquals("service-1-method-1", service1.testS1M1("service-1-method-1")); // expect logging
        assertEquals("service-1-method-2", service1.testS1M2("service-1-method-2")); // expect logging
        assertEquals("service-2-method-1", service2.testS2M1("service-2-method-1")); // expect logging
        assertEquals("service-2-method-2", service2.testS2M2("service-2-method-2")); // expect no logging
        assertEquals("service-3-method-1", service3.testS3M1("service-3-method-1")); // expect logging once
    }
}